Amendment_0007_Insurance_14rv3.pdf

14. INSURANCE PROCURED BY CONTRACTOR

a. The Contractor (and/or as applicable the subcontractors) shall procure and maintain, at no cost to the Government, during the entire period of this performance under this contract the attached insurance policies:

(1) Commercial General Liability Insurance in limits of not less than Five Million Dollars ($5,000,000) combined single limit per occurrence for bodily injury, death, personal injury and property damage, including but not limited to coverage for Broad Form Property Damage. Such coverage shall not contain any environmental exclusion clause (or if it includes an environmental exclusion clause, then equivalent coverage must be provided) and there shall be no exclusions for property damage arising out of explosion, collapse or underground property damage hazards and no exclusion for waterfront activities (or if it includes exclusion clause for waterfront activities, then equivalent coverage must be provided). Required policy limits may be met with a combination of underlying and excess limits.

(2) Riggers (or Cargo) and Crane Insurance in limits not less than Two Million Dollars ($2,000,000) combined single limit per occurrence for physical loss or damage to the property being relocated. CLIN 0017, Relocation of House Option. This optional CLIN includes the requirement that the contractor, or subcontract actually performing the relocation, provide Riggers (or Cargo) and Crane Insurance in limits not less than Two Million Dollars ($2,000,000) combined single limit per occurrence for physical loss or damage to the property being relocated.

The cost for this insurance shall be included in Sub CLIN 0017AE.

(3) Comprehensive Automobile Liability Insurance in limits of not less than five million dollars combined single limit per occurrence for bodily injury, death, and property damage covering all owned, non-owned and hired vehicles in connection with the work to be performed in connection with this permit.

(4) Maritime Protection and Indemnity Insurance and Chartered Legal Liability Insurance, in limits of not less than two million dollars ($2,000,000) combined single limit per occurrence for bodily injury, death, and property damage including coverage for masters and members of crews.

(5) Environmental Liability Insurance in limits of not less than two million dollars ($2,000,000) combined single limit occurrence for bodily injury, death, and property damage.

(6) Certificates of Insurance evidencing the issuance of all insurance required hereby, and guaranteeing at least thirty (30) days prior notice to the Government of cancellation or non-renewal, shall be delivered to the Contracting Officer, the NPS, NYSDEC and Suffolk County, NY prior to entry of the Government's contractors (and as applicable, the subcontractors) upon the project area, or, in the case of new or renewal policies replacing any policies expiring during the period, no later than thirty (30) days before the expiration dates of such expiring policies.

b. Prior to the commencement of work hereunder, the Contractor shall furnish to the Contracting Officer a certificate or statement of the above required insurance. The policies evidencing required insurance shall contain an endorsement to the effect that cancellation or any material change in the policies adversely affecting the interests of the Government in such insurance shall not be effective for such a period as may be prescribed by the laws of the State in which this contract is to be performed and in no event less than thirty (30) days after written notice thereof to the Contracting Officer. In the event CLIN 0016, Optional Insurance, is exercised, Contractor shall ensure that the insurance certificate reflects the additional insureds.

c. The Contractor shall insert the substance of this clause, including this paragraph (c), in subcontracts under this contract that require work on the project area and shall require subcontractors to provide and maintain the insurance required in the Schedule or elsewhere in the contract. The Contractor shall maintain a copy of all subcontractors’ proofs of required insurance, and shall make copies available to the Contracting Officer upon request.

Option Item, Additional Insureds: If the option is exercised by the Government, the policies described above shall be endorsed (i) to include the National Park Service (NPS) and the New York State Department of Environmental Conservation (NYSDEC), and Suffolk County, New York and as applicable all subcontractors as additional insured and (ii) to provide that notice of an occurrence to the insurance company from any insured shall serve as notice from all insured.

See CLIN 0016, Optional Insurance.

d. At the Government’s direction, the Contractor will be required to submit to the Contracting Officer a certification from the Contractor’s insurance carrier that the amount inserted by the Contractor in the item entitled “Additional Cost for Insurance” of the Bid Schedule represents only the additional premium paid by the Contractor as a direct result of the specific requirements of this Section to add the named insureds and excludes those premium costs which would have otherwise been incurred by the Contractor.

e. At the Government’s direction, the Contractor shall furnish a computation from his insurance carrier, which sets-forth the elements of the said additional premium, including, but not limited to the following: the additional costs to the National Park Service (NPS) and New York State Department of Environmental Conservation (NYSDEC), and Suffolk County, New York being named as an additional insured broken down by policy type; any other additional costs due to the insurance requirement and the nature thereof.

f. In this Section, the Contractor shall furnish a computation as to that amount, if any, of the premium costs of their existing insurance coverage they have allocated to the work of this contract. The Contractor shall indicate whether such attribution is pursuant to a standard formula or cost administration practice or was otherwise derived.

The Contractor agrees to insert the substances of this clause, in all subcontracts hereunder.

g. The Government reserves the right to request a further elaboration with regard to this computation at any time.

h. The Contractor shall be reimbursed for the actual expense for the additional named insureds and /or Riggers (or Cargo) and Crane Insurance up to the amount indicated in the CLIN#

0016 and CLIN 0017AE as substantiated by the information provided by the Contractors insurance carrier. Contractor shall submit the following items to the government for payment and verification and only the actual amount will be reimbursed:

1- Insurance Policies 2-Certification of insurance 3- Proof of payments

Payment for the insurance procured by the Contractor under this paragraph shall be in lump sum or by the job, “Additional Cost for Insurance”.